There are lots of factors that attract real estate investors to Hua Hin.
The climate, long sandy beaches, good shopping options, the area & international restaurants as well as going to the night markets and its particular relatively huge discounts on houses and condos in comparison with Bangkok, Phuket, Koh Samui or Pattaya.
Distance wise, additionally it is only 2 to two.5 hours drive from Bangkok for the mostly multi lane highways.
The town's atmosphere - being royal and sort of "low key" so individuals who do not like active nightlife for example in Phuket and Pattaya will quickly realize Hua Hin a refreshing alternative. Its proximity to nature, like Sam Roy Yod and Kaeng Krachang is also a major plus.
Hua Hin can also be becoming more "international" with English speaking hospitals, and supermarkets which sell a variety of local/foreign foods and goods. To further absorb new housing developments in the city, additionally there is a dependence on improvements in areas like water supplies, sewage system, flood prevention system etc. Fortunately that these projects are typical section of the election platform from the newly elected mayor of Hua Hin. Therefore, don't be surprised some improvements soon for this rapidly growning beach town.
Hua Hin has long been extremely popular amongst Scandinavian property buyers. Other nationalities include Germans, English, Dutch who are thinking about purchasing retirement and holiday homes.
There's also a large niche for Thai purchasers who see Hua Hin like a close weekend getaway from Bangkok and an excellent chance for buying an additional home.
Among the current trends is the emergence of luxury villas here. Hua Hin utilized to give attention to low to mid range properties between 2 -7 million baht, however, supermarket see more new launches of luxurious villas and condominiums selling for over 15 million recently.
We are also witnessing new varieties of properties such as short stay serviced apartments, condos with full rental management, resort ownership with rental income guarantee, fractional ownership, etc. Many of the customers are inside their 40s and 50s whilst still being working, thus they can only spend a few weeks of the season residing in their properties, but require some type of rental income to take in the maintenance costs and hopefully create a amount of additional income to cover the airfare and a lot poorer expenses. Thus, the very idea of renting out their holiday residence is a very attractive decision for them and something which is just as one increasing motivation for foreign buyers to check to Hua Hin when you buy Thailand real estate property.
Maddy Barber may be the co-founder of Hua Hin Finder, a genuine estate agency specialising in Hua Hin property rentals, in addition to condo sales. The agency has been finding homes for expats in Hua Hin, Thailand for more than A few years now and whether you are looking to buy or rent a house within this serene beach town, just 2 hours drive from Bangkok, you will find it here.
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